CPO Futures End Mixed in Absence of Fresh Leads

CRUDE palm oil (CPO) futures on Bursa Malaysia Derivatives ended

mixed yesterday in the absence of fresh leads, a dealer said.

“Traders

are waiting for more firm leads as the decline in exports has already

been priced in last week,” he said.

May 2010 rose RM12 to

RM2,589 per tonne, June 2010 added RM22 to RM2,563 per tonne, July 2010

shed RM4 to RM2,554 per tonne and August 2010 slipped RM6 to RM2,543 per

tonne.

Volume rose to 10,336 lots from 8,315 lots last Friday and open interest

jumped to 63,654 contracts from 63,191 contracts last week.

On

the physical market, May South shed RM10 to RM2,570 a tonne.

Source : Business Times

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